Turnkey Professional Office
3440 Eldorado Parkway #2 3 & 4 McKinney, TX 75070
For Sale
$965,500
Three-suite office building with private positioning, handicap-accessible restrooms, and upgraded climate control systems.
Property Size3,036 SF
Price / SF$318.02
Days on Market51
Property Features for 3440 Eldorado Parkway #2 3 & 4
General Information
- Standard status
- Active
- Size
- 3,036 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2012
Listing Agency:
Berkshire HathawayHS PenFed TX
(972) 824-5312
Listed By:
Steve Goff
(972) 824-5312
Source:
Signaturere
Added: Jun 3
Changed: Jul 6
Last Checked: Jul 23 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire HathawayHS PenFed TX
Investment Insights
Based on property information with market context.
This turnkey professional office property is configured as three suites within a single building. Interiors feature textured walls and tile throughout, along with energy-saving windows that include screened options for fresh air. The space is equipped with foam insulation in the walls and attic with sound absorption panels on the ceilings, and built-in sound speakers throughout. Additional building systems include a security system, water filtration, and solar exterior lighting for signage illumination. The layout includes handicap-approved restrooms, a state-of-the-art kitchen with a dishwasher, oven, electric magnetic induction cooktops, custom cabinetry, granite counters, and a large built-in island. There is also a utility room, large pantry, and a washer/dryer. A hideaway storage room with a keyless combination lock and a dedicated conference room with custom glass-wood doors engraved with a Texas star round out the setup. Furniture is negotiable.
The property is located on Eldorado Parkway, with easy access from the corridor. It is privately positioned within a community of four-suite office buildings, and it is described as being near 121 & 75 within McKinney’s major growth area.
The three-suite configuration supports a range of office uses, including business, school, medical, or specialty office operations, with common amenities designed for day-to-day functionality. Recent HVAC upgrades include an AC installed in spring 2026 and a second AC estimated at 2–3 years old, which can help support owner-users or investors seeking ready-to-occupy space.
The property is located on Eldorado Parkway, with easy access from the corridor. It is privately positioned within a community of four-suite office buildings, and it is described as being near 121 & 75 within McKinney’s major growth area.
The three-suite configuration supports a range of office uses, including business, school, medical, or specialty office operations, with common amenities designed for day-to-day functionality. Recent HVAC upgrades include an AC installed in spring 2026 and a second AC estimated at 2–3 years old, which can help support owner-users or investors seeking ready-to-occupy space.
Key Highlights
- Three‑suite professional office building built in 2012 with privately positioned setting in a community of four‑suite office buildings
- Handicap‑approved restrooms and an iron‑gated entry
- Updated climate control: AC installed in Spring 2026 plus a second AC unit 2–3 years old
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.9k | $24.00 |
| − Vacancy | −$7.3k | −$2.40 |
| EGI | $65.6k | $21.60 |
| − OpEx | −$26.2k | −$8.64 |
| NOI | $39.3k | $12.96 |
3,036 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$562.1K
$491.8K – $655.8K
NOI $39,347 @ 7.0% cap · market cap 4.08%
Second Best
Office B
$557.2K
$487.5K – $650.0K
NOI $39,002 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$853.5K
$746.9K – $995.8K
NOI $59,748 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Three-suite office building with private positioning, handicap-accessible restrooms, and upgraded climate control systems.
Where is this office units located?
The property is located at 3440 Eldorado Parkway #2 3 & 4 McKinney, TX.
What is the asking price?
The asking price for this property is $965,500.
What are key features of this property?
This property features: Three‑suite professional office building built in 2012 with privately positioned setting in a community of four‑suite office buildings; Handicap‑approved restrooms and an iron‑gated entry; Updated climate control: AC installed in Spring 2026 plus a second AC unit 2–3 years old